News

Russia: In December, grain export shipments fell by almost a third

Published Dec 27, 2023

Tridge summary

In December, Russia exported 3.1 million tons of grain, a decrease of 27.5% from the previous year. The volume of wheat shipments decreased by 31% to 2.6 million tons, while barley exports decreased by 7.5% to 150 thousand tons. Corn shipments increased by 2.4% to 362 thousand tons. Russia plans to export about 3.85 million tons of major grain crops in December, which is 26% less than last year.
Disclaimer: The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

From December 1 to December 25, Russia exported 3.1 million tons of grain, which is 27.5% less than last year, according to the monitoring of the Russian Grain Union, which Agroinvestor reviewed. According to the director of the analytical department of the union, Elena Tyurina, the volume of wheat shipments decreased by 31%, reaching 2.6 million tons, while barley exports decreased by 7.5%, amounting to 150 thousand tons. At the same time, corn shipments increased by 2. 4% to 362 thousand tons. She told Agroinvestor that in December the total export volume of major grain crops will be about 3.85 million tons, which is 26% less than last year. In particular, the export of wheat is projected to decrease by 25% to 3.2 million tons. In the first half of the current season, it is planned to export about 34 million tons of main grain crops, which is 3 million tons more than a year earlier. According to Tyurina, Turkey became the main buyer of Russian wheat in December with 454 thousand ...
Source: AgroInvestor
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